Resignation and removal of officers.

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RESIGNATION AND REMOVAL OF OFFICERS.

(a) The board of directors may remove an officer at any time with or without cause.

(b) An officer of a limited cooperative association may resign at any time by giving notice in a record to the association. Unless the notice specifies a later time, the resignation is effective when the notice is given.

Added by Laws 2009, c. 68, § 88, eff. Jan. 1, 2010.


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